Business

All the recent business news in Nigeria, economy and industry updates.

‘How Nigeria’s economy expanded 55.7 points for 14th consecutive time’

Nigeria’s economic activities have maintained a strong growth momentum in January 2026 as the Central Bank of Nigeria’s (CBN) composite Purchasing Man

Coastal loading could push PMS to N1000 per litre, Dangote insists

The Dangote Petroleum Refinery has backed down on gantry loading of premium motor spirit and other refined products from its facility, asking marketer

MTN inches towards takeover of infrastructure company

Africa’s largest mobile network operator, MTN Group, is inching towards total takeover of IHS, as it entered advanced discussions to acquire the rough

ExxonMobil affiliates to commit $1bn on 40,000-barrel new production

ExxonMobil’s Nigerian affiliates, operating under Esso Exploration and Production Nigeria Limited, said it plans to commit about $1 billion to develop

Telcom lines hit nearly 200m — NCC

The Nigerian Communications Commission (NCC) and the Nigeria Data Protection Commission (NDPC) have signed a memorandum of understanding (MoU) to stre